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View all search resultsPresident Prabowo Subianto had mandated the government to extend the repayment period from 30 to 40 years to ease homebuyers’ installment burden.
1 hour agoIf completed, the integration would combine the global and domestic strengths of both entities and potentially create one of the country’s largest financial institutions, with combined assets exceeding Rp 480 trillion (US$27.5 billion).
2 hours agoIndonesians effectively pay more to fly from Jakarta to Surabaya than from Denpasar to Sydney, a signal that something in the structure of the domestic market is not working as it should.
3 hours agoOil prices climbed on Tuesday as US-Iran talks stalled, while markets were mixed as traders appeared to shrug off uncertainty over the 10-week-old war.
4 hours agoJapan and the US reaffirmed their close cooperation in dealing with exchange rate moves, including on currency intervention, Japanese Finance Minister Satsuki Katayama told reporters after a meeting in Tokyo with her US counterpart, Scott Bessent, on Tuesday.
6 hours agoThe closure of steelmaker PT Krakatau Osaka Steel (KOS) has sparked fears that Indonesia’s steel industry crisis is deepening, undermining the government’s self-sufficiency push in the strategic sector.
19 hours agoThe government believes that climbing commodity prices have created windfall profits for mining companies, requiring an adjustment to the state's revenue share.
23 hours agoVisitors from the Middle East, Europe and the US typically spend more and stay longer in Indonesia compared with tourists from other regions, Tourism Minister said.
1 day agoAgentic AI are execution models involving autonomous agents that coordinate across workflows, tools and systems with minimal human input.
1 week agoEU countries and European Parliament lawmakers failed to reach a deal on watered-down landmark artificial intelligence rules after 12 hours of negotiations on Tuesday and will resume talks next month.
1 week agoWith over 43 million merchants connected to the Quick Response Code Indonesian Standard (QRIS) payment system as of January, digitalization now defines the identity of today's tech-savvy market traders, moving beyond large corporations.
1 week agoPrime Minister Anthony Albanese said tech giants Meta, Google and TikTok would be given a chance to strike content deals with local news publishers.
2 weeks agoChina's export growth gathered pace in April as factories raced to meet a wave of orders from AI-related industries and other buyers seeking to stockpile components amid fears the Iran war could push global input costs even higher.
2 days agoUS employment rose more than expected in April, alleviating some concerns about the health of the world's largest economy even as one measure of consumer confidence came in at its lowest-ever level.
3 days agoThe ruling blocks the tariffs from being implemented against just two companies and the state of Washington for now, but it could open doors to further such outcomes.
4 days agoIndosat Ooredoo Hutchison has consistently shown consistent momentum and numbers, recording steady year-on-year growth over the past three consecutive quarters.
3 days agoAmid growing global demand for critical minerals to support the energy transition, PT Vale Indonesia Tbk has reaffirmed its commitment to integrating sustainability into its financing strategy through securing a US$750 million sustainability-linked loan (SLL) facility.
4 days agoIn Barma Baru village, Meyado district, Teluk Bintuni regency, West Papua, change is evident. TK Negeri Barma Baru, a kindergarten that for years had to endure a cramped, plywood-partitioned space, now stands in a more suitable building with much more adequate facilities.
1 day agoOil prices climbed on Tuesday as US-Iran talks stalled, while markets were mixed as traders appeared to shrug off uncertainty over the 10-week-old war.
4 hours agoJapan and the US reaffirmed their close cooperation in dealing with exchange rate moves, including on currency intervention, Japanese Finance Minister Satsuki Katayama told reporters after a meeting in Tokyo with her US counterpart, Scott Bessent, on Tuesday.
6 hours agoThe dollar climbed in Asia on Monday on signs that talks between the United States and Iran were deadlocked, leaving the vital Strait of Hormuz all but shut and sending oil prices higher.
1 day agoOil prices rose and stocks slipped as the US and Iran exchanged fire in the Middle East, though many markets in Asia were still heading for stellar weekly gains as AI demand swept up chipmakers.
4 days agoAsian stocks soared to record highs on Thursday while the US dollar slipped and oil nursed steep losses as traders embraced the prospect of a peace deal in the Middle East, although the fate of the critical Strait of Hormuz remains unresolved.
5 days agoOil prices extended losses and stocks rallied Wednesday on fresh hopes for an end to the Iran war and the reopening of the Strait of Hormuz, while Samsung blasted past the $1 trillion valuation mark as the AI tech boom continued apace.
6 days agoShares edged higher while oil prices flatlined in Asia on Monday as investors drew comfort from signs of patchy progress in settling the Middle East conflict at the start of a week packed with earnings and key economic data.
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